Articles and opinions by Wendy Weng

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Mergers and acquisitions more than tripled in Asia Pacific as China opens up

The Asia Pacific will likely remain an active place for mergers and acquisitions in the financial sector in 2021 due to stronger post-pandemic recovery, opening up of markets, and a growing pool of fintech startups seeking funding, according…

     
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Top Indonesian banks’ net profit slid 39% as bad loans rose

The financial results of BUKU IV banks, the top banks by core capital in Indonesia, weakened amid the COVID-19 crisis. Banks experienced a contraction in net loans and set aside more provisions.

     
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Indonesian banks’ profitability hardest hit amid COVID-19 but remained highest…

The COVID-19 pandemic has exerted substantial impact on the profitability of banks in Asia Pacific, although most are better positioned to weather this crisis than during the global financial crisis

     
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Islamic banks' assets rose 13%

Saudi Arabian Islamic banks continue to display strong financial performance. The growth of Islamic bank assets accelerated despite slowdown in profits

     
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Saudi Arabian and Egyptian banks demonstrate capital strength as Middle Eastern…

National Commercial Bank and Banque Misr emerged as the strongest bank by balance sheet in the Middle East and Africa respectively in 2020. Banks in Saudi Arabia and Qatar are the strongest in the Middle East, while Egyptian and South African…

     
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Asian banks' assets grew 10.3% amid surge in mergers and acquisitions

Chinese and Japanese banks again dominate the list of The Asian Banker 500 largest banks. Balance sheet growth accelerated in the first half of 2020 and some players are reinforcing their scale and competitiveness through mergers and acquisitions

     
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Hong Kong banks prove balance sheet resilience as Asia Pacific players suffer…

Bank of China (Hong Kong) emerges as strongest bank by balance sheet in Asia Pacific in 2020. While the majority of banks in the region maintained adequate capital and liquidity buffers, profitability has weakened amid the COVID-19 crisis.

     
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Santander Group's Ana Botin and Jose Alvarez made the largest contributions…

In addition to leading their institutions to support customers and communities, some bank bosses are also taking pay cuts or making charitable donations to support the fight against the COVID-19